Globe Commercials Ltd

Globe Commercials Ltd

₹ 32.5 -1.99%
21 Nov - close price
About

Incorporated in 1985, Globe Commercials Ltd is in the business of Agriculture Commodities and E-commerce solutions[1]

Key Points

Services Offered:[1]
a) Buyers, seller, distributors, stockiest, agent, brokers, commission agent etc. in Sanitary ware ,cotton, jute, oils, rubbers, grains, pulses, seeds, vegetable products and other commodities related to steel and cast iron types
b) Financing to Industrial Company & Commercial and other enterprises, but not carrying on the business as defined under Banking Regulation Act
c) Management and Financial Consultancy
d) Real Estate business required for manufacturing, processing, transportation and trading business and other commercial and service business

  • Market Cap 19.5 Cr.
  • Current Price 32.5
  • High / Low 41.4 / 19.9
  • Stock P/E 3.97
  • Book Value 878
  • Dividend Yield 0.00 %
  • ROCE 33.6 %
  • ROE 27.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.04 times its book value
  • Company's median sales growth is 16.2% of last 10 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 8.33%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
22.43 21.59 36.42 33.11 35.69 38.62 32.30 35.26 35.98 41.26 49.86 45.18 45.08
21.53 21.09 37.25 32.26 35.08 36.51 31.50 34.40 35.08 40.30 48.44 43.86 42.13
Operating Profit 0.90 0.50 -0.83 0.85 0.61 2.11 0.80 0.86 0.90 0.96 1.42 1.32 2.95
OPM % 4.01% 2.32% -2.28% 2.57% 1.71% 5.46% 2.48% 2.44% 2.50% 2.33% 2.85% 2.92% 6.54%
-0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.04 -0.00 -0.00
Interest -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Depreciation -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Profit before tax 0.90 0.50 -0.83 0.85 0.61 2.11 0.80 0.86 0.90 0.96 1.46 1.32 2.95
Tax % 30.00% 26.00% -26.51% 27.06% 26.23% 26.07% -7.50% 25.58% 27.78% 26.04% 27.40% 25.76% 26.10%
0.63 0.37 -0.61 0.62 0.44 1.56 0.86 0.64 0.65 0.71 1.05 0.98 2.18
EPS in Rs 1.05 0.62 -1.02 1.03 0.73 2.60 1.43 1.07 1.08 1.18 1.75 1.63 3.63
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
9 7 2 -0 -0 -0 -0 -0 0 103 140 162 181
9 7 2 0 0 1 0 0 0 101 136 158 175
Operating Profit -0 -0 -0 -0 -0 -1 -0 -0 -0 1 3 4 7
OPM % -0% -0% -15% -1,400% 1% 2% 3% 4%
0 0 0 0 0 1 0 0 0 0 0 0 0
Interest 0 0 -0 0 -0 0 -0 -0 -0 -0 -0 -0 0
Depreciation 0 0 -0 0 -0 -0 -0 -0 -0 -0 -0 -0 0
Profit before tax 0 0 0 0 0 0 0 -0 -0 1 3 4 7
Tax % 29% 25% 43% 75% -0% 31% 43% 50% -0% 27% 27% 27%
0 0 0 0 0 0 0 -0 -0 1 2 3 5
EPS in Rs 0.20 0.10 0.08 0.03 0.03 0.18 0.07 -0.03 -0.02 1.68 3.97 5.08 8.19
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 37%
5 Years: %
3 Years: 2432%
TTM: 28%
Compounded Profit Growth
10 Years: 77%
5 Years: 138%
3 Years: 575%
TTM: 33%
Stock Price CAGR
10 Years: %
5 Years: 54%
3 Years: 25%
1 Year: 25%
Return on Equity
10 Years: 10%
5 Years: 17%
3 Years: 25%
Last Year: 28%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1 1 3 3 3 3 3 3 3 3 6 6 214
Reserves 1 1 3 3 3 3 3 3 3 4 3 6 313
-0 -0 0 0 0 -0 -0 -0 1 1 1 1 1
0 0 0 0 0 0 0 0 0 33 37 44 29
Total Liabilities 2 2 6 6 6 6 6 6 8 41 48 58 557
0 0 0 0 -0 -0 -0 -0 -0 -0 -0 -0 55
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments -0 -0 -0 -0 -0 -0 -0 -0 1 3 3 3 459
2 2 6 6 6 6 6 6 6 38 45 55 43
Total Assets 2 2 6 6 6 6 6 6 8 41 48 58 557

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 -0 1 -0 0 0 0 -0 0 0 0 -0
-0 0 -6 -0 -0 -0 -0 0 -1 -0 -0 -0
-0 -0 4 -0 0 -0 -0 -0 1 0 -0 -0
Net Cash Flow -0 -0 -0 -0 -0 -0 -0 -0 0 -0 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 11 4 -0 -0 113 100 109
Inventory Days 30 44 -0 5 3 4
Days Payable 9 10 116 95 99
Cash Conversion Cycle 32 38 -0 -0 3 8 14
Working Capital Days 43 56 -6 -1,825 3 8 14
ROCE % 4% 2% 2% 4% 0% 5% 1% -0% -0% 17% 34% 34%

Shareholding Pattern

Numbers in percentages

6 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
8.33% 8.33% 8.33% 8.33% 8.33% 8.33% 8.33% 8.33% 8.33% 8.33% 8.33% 8.33%
91.67% 91.67% 91.67% 91.66% 91.66% 91.66% 91.67% 91.67% 91.66% 91.66% 91.68% 91.67%
No. of Shareholders 6826829139631,3601,6791,6921,6441,6501,7241,7061,893

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